Better drainage?

Since a 4-plex is typically a two-story, the surface area is a bit less than a 3-plex, which is often an L-shaped sprauled out structure.I have some ideas for you in terms of how I’d structure this your deal to gain the most out of it – too long for this post.

From this I determine which on the surface appears to be the most suitable.

While this may seem like a good idea on the surface since you don't have to outlay any cash, your time is much better spent tending after a property that you have equity in.

On the surface looks like minor wood replacement/repair outside, and general cleanup and paint inside.

It is, on the surface, a zero equity deal.

And here's why: I found a property that has had new everything, HVAC, roof, hard surface flooring, kitchen and baths redone (yes the old was tossed and the new was bought in), and the usual painting.

Search Cat Litter House to read more about that pleasantness.On the surface, buying a property with a tenant already in place sounds like awesomeness.

You have to get your pros in there to assess the root cause which might be as simple as bad surface water run off management.  

If the problem is that the property is the lowest spot in the entire neighborhood, so that it is at the bottom of a lake every time it rains, then that is very difficult to fix.I might be willing to do French drains if the price of the house was really low, but I walk away from something where the drainage problem is due to the location and not really fixable.There is a lot of property available for purchase.